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PARTC 2. Prepare the following budgets and schedules for the third quarter of 2020 (July-September). (95 marks) a. Sales budget (6 marks) b. Schedule of
PARTC 2. Prepare the following budgets and schedules for the third quarter of 2020 (July-September). (95 marks) a. Sales budget (6 marks) b. Schedule of expected cash collections from sales (15 marks) C. Schedule of expected cash disbursements for purchases and expenses (27 marks) d. Cash Budget (31 marks) e. Analyse the cash collection schedule and provide your judgement and recommendations for MarHan Shoes. (6 marks) f. Analyse the cash disbursement and purchase schedule and provide your judgement (8 marks) g. Comment on your general findings (based on the cash collection schedule, cash disbursement and purchase schedule, and cash budget) and explain to Maryam and Hanadi the importance of preparing Budgets. (8 marks) PARTC 2. Prepare the following budgets and schedules for the third quarter of 2020 (July-September). (95 marks) a. Sales budget (6 marks) b. Schedule of expected cash collections from sales (15 marks) C. Schedule of expected cash disbursements for purchases and expenses (27 marks) d. Cash Budget (31 marks) e. Analyse the cash collection schedule and provide your judgement and recommendations for MarHan Shoes. (6 marks) f. Analyse the cash disbursement and purchase schedule and provide your judgement (8 marks) g. Comment on your general findings (based on the cash collection schedule, cash disbursement and purchase schedule, and cash budget) and explain to Maryam and Hanadi the importance of preparing Budgets. (8 marks)
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